Complete Recovery acquires N.C. accounts receivable company

Complete Recovery Corp. of Taylorsville has made its second acquisition in as many weeks. The asset recovery service provider has bought Prince Parker & Associates Inc. of Charlotte, North Carolina, a provider accounts receivable services in the healthcare industry.

The acquisition accelerates Complete Recovery’s service goals, the company said in a release.{mprestriction ids="1,3"}

“We’re now a part of a very short list of full-service asset and debt recovery companies in the U.S.” said Merlin Jensen, CEO of Complete Recovery. “This reduces complexity for companies who may need the recovery of both unpaid receivables and the return of rented equipment.”

“When you look at how quickly the home healthcare market is expanding, too many valuable medical devices need to find their way back into the supply chain for the next needy patient,” said Complete Recovery co-founder Aaron Meier. “Now mixing our expertise in asset recovery with Prince Parker’s understanding of compliance protocols, medical companies have a stronger, much more experienced partner.”

Jeff Parker, who founded Prince Parker almost 30 years ago, will continue to operate the company.

“I’m excited about the shared services this new synergistic relationship will bring,” Parker said. “Complete Recovery has pioneered technology and systems that will benefit all of our clients.”{/mprestriction}